University of Technology Sydney

16018 Property Technology and Innovation

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2025 is available in the Archives.

UTS: Design, Architecture and Building: School of the Built Environment
Credit points: 6 cp
Result type: Grade and marks

Description

Digital technology is transforming roles at all levels within the property industry. Learning the techniques to inspire, lead, and deliver innovation helps students thrive in any role within the industry. These roles include advisory, investment, valuation, design, construction, property management, facilities management, and sustainability. In this subject, students learn how innovation and technology are reshaping the commercial real estate industry.

Students explore the possibilities and challenges of technology through lectures, technology showcases, industry expert discussions, practical exercises, and self-directed learning. They walk away with innovative ways of thinking and problem-solving that help accelerate future career growth.

Subject learning objectives (SLOs)

On successful completion of this subject, students should be able to:

1. Practice human-centred design techniques to identify and design new innovations.
2. Effectively identify, assess and select the right technology to meet customer and commercial needs.
3. Articulate a compelling case for investing in innovation and technology.
4. Recognise the challenges, pitfalls and risks in realising the benefits of innovation and develop effective strategies to mitigate against them.
5. Understand the history of innovation and technology in commercial real estate and analyse emerging trends and opportunities.
6. Effectively evaluate the legal and ethical boundaries and opportunities in the use of data and emerging technologies such as artificial intelligence.

Contribution to the development of graduate attributes

The term CAPRI is used for the five Design, Architecture and Building faculty graduate attribute categories where:

C = communication and groupwork

A = attitudes and values

P = practical and professional

R = research and critique

I = innovation and creativity.

Course intended learning outcomes (CILOs) are linked to these categories using codes (e.g. C-1, A-3, P-4, etc.).

Teaching and learning strategies

This subject is delivered in two intensive block periods (a total of four days), combining interactive lectures and practical exercises with technology showcases and discussions with industryexperts.

Content (topics)

  • Understand the concepts, history, landscape, drivers and emerging trends in PropTech
  • Create innovative solutions using Human Centered Design techniques
  • Identify, assess and select technologies that meet customer and commercial needs
  • Evaluate the legal and ethical boundaries of data use and emerging technologies
  • Recognise and mitigate the challenges and risks in realising innovation benefits
  • Present a compelling case for investing in innovation and technology

Assessment

Assessment task 1: Spot tests

Intent:

This assignment will provide students an opportunity to reflect and critically think about the content they covered during each block class.
Objective(s):

This task addresses the following subject learning objectives:

1, 5 and 6

This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.):

.1, .1 and .1

Type: Quiz/test
Groupwork: Individual
Weight: 30%
Criteria linkages:
Criteria Weight (%) SLOs CILOs
The rise of PropTech 40 5 .1
Innovation and Technology change commercial real estate industry 30 1 .1
Legal and ethical boundaries of data use and emerging technologies. 30 6 .1
SLOs: subject learning objectives
CILOs: course intended learning outcomes

Assessment task 2: Pitching your PropTech business idea

Intent:

This assignment will encourage the students to understand the current challenges in the property industry and identify, assess and select an emerging technology or technologies which could be part of the solution.
Objective(s):

This task addresses the following subject learning objectives:

1, 2, 3 and 4

This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.):

.1, .1, .1 and .1

Type: Presentation
Groupwork: Individual
Weight: 30%
Criteria linkages:
Criteria Weight (%) SLOs CILOs
Effectively analyse, articulate and prioritise needs 20 1 .1
Select the right technology or technologies 20 2 .1
Articulate recommendations in a compelling and commercially-sound manner 30 3 .1
Identify risks and potential barriers to adoption 30 4 .1
SLOs: subject learning objectives
CILOs: course intended learning outcomes

Assessment task 3: Investment recommendations using AI and Big data tools

Intent:

This assignment enables students to prepare an "Investment Recommendation Report" using AI and big data analytics.

Objective(s):

This task addresses the following subject learning objectives:

2 and 4

This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.):

.1 and .2

Type: Report
Groupwork: Group, individually assessed
Weight: 40%
Criteria linkages:
Criteria Weight (%) SLOs CILOs
Identify, assess and apply the AI and big data analytics tools 60 2 .2
Articulate recommendations in a compelling and commercially-sound manner 40 4 .1
SLOs: subject learning objectives
CILOs: course intended learning outcomes

Minimum requirements

The DAB attendance policy requires students to attend no less than 80% of formal teaching sessions (lectures and tutorials) for each class they are enrolled in to remain eligible for assessment.

Other resources

Extensive online reference resources will be provided. Sample below: